China Agri-Products Exchange (HKSE:00149) Days Payable : 58.41 (As of Sep. 2023)

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What is China Agri-Products Exchange Days Payable?

China Agri-Products Exchange's average Accounts Payable for the six months ended in Sep. 2023 was HK$51.9 Mil. China Agri-Products Exchange's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$162.3 Mil. Hence, China Agri-Products Exchange's Days Payable for the six months ended in Sep. 2023 was 58.41.

The historical rank and industry rank for China Agri-Products Exchange's Days Payable or its related term are showing as below:

HKSE:00149' s Days Payable Range Over the Past 10 Years
Min: 39.97 Med: 125.25 Max: 1806.4
Current: 66.69

During the past 13 years, China Agri-Products Exchange's highest Days Payable was 1806.40. The lowest was 39.97. And the median was 125.25.

HKSE:00149's Days Payable is ranked worse than
61.97% of 1570 companies
in the Real Estate industry
Industry Median: 99.725 vs HKSE:00149: 66.69

China Agri-Products Exchange's Days Payable declined from Sep. 2022 (64.70) to Sep. 2023 (58.41). It may suggest that China Agri-Products Exchange accelerated paying its suppliers.

China Agri-Products Exchange Days Payable Historical Data

The historical data trend for China Agri-Products Exchange's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Agri-Products Exchange Days Payable Chart

China Agri-Products Exchange Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Days Payable

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79.87

82.09

71.40

39.97

60.96

China Agri-Products Exchange Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															46.60	39.05	64.70	69.62	58.41

Competitive Comparison of China Agri-Products Exchange's Days Payable

For the Real Estate - Diversified subindustry, China Agri-Products Exchange's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Agri-Products Exchange's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Agri-Products Exchange's Days Payable distribution charts can be found below:

* The bar in red indicates where China Agri-Products Exchange's Days Payable falls into.

China Agri-Products Exchange Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

China Agri-Products Exchange's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (47.123	+	41.608)	/	2 )	/	265.635	*	365
=	44.3655					/	265.635	*	365
=	60.96

China Agri-Products Exchange's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (41.608	+	62.288)	/	2 )	/	162.323	*	365 / 2
=	51.948					/	162.323	*	365 / 2
=	58.41

China Agri-Products Exchange Days Payable Related Terms

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China Agri-Products Exchange (HKSE:00149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Agri-Products Exchange Ltd (HKSE:00149) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.cnagri-products.com

China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.

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